Equipment Maintenance Expense

Marsh USA

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Published: 18-Aug- 2008 | Product Category: Property Insurance | Comments: 0

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Equipment maintenance insurance can yield cost savings of 15% to 30% by aggregating maintenance contracts across a broad spectrum of equipment and providing an insurance benefit for repair and replacement of key components. By consolidating the contracts and providing a direct cost/benefit analysis of equipment maintenance spend, an equipment maintenance program provides a clear understanding of maintenance expenditures and its elimination of unnecessary costs. Either original service providers or approved vendors can be used under the program.

Equipment Maintenance Insurance

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